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Merrillville, IN Residential Income Properties for Sale

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Merrillville Duplex: Income Potential
$364,900
0.32 Acres

Merrillville Duplex: Income Potential

3608 W 73Rd Ct, Merrillville, IN 46410

Duplex in Merrillville with strong income and value-add potential.

  • Strong income potential with projected stabilized cap rate of 11‑13%.
  • Desirable unit mix: one unit with 4 bedrooms, 1.75 baths, and partially finished basement; one unit with 2 bedrooms, 1 bath, and fully finished basement.
  • Projected rents of $2,200-$2,400 for the larger unit and $1,700-$1,900 for the smaller unit.
  • Convenient location near I‑65, major employers, and the Merrillville retail corridor.
  • Value‑add potential through cosmetic updates and basement enhancements.
Updated: Jan 5
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Merrillville Ranch Condo with Patio
$165,000
0.36 Acres

Merrillville Ranch Condo with Patio

2306 W 65Th Ave, Merrillville, IN 46410

Charming 2-bedroom condo with updated kitchen and private patio.

  • Open‑concept ranch condominium with hardwood flooring throughout.
  • Updated kitchen with GRANITE COUNTERTOPS and brand‑new appliances.
  • Primary suite with private bath.
  • Cozy wood‑burning fireplace.
  • Lovely patio for outdoor relaxation.
Updated: Nov 25, 2025
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Updated Ranch Condominium in Merrillville
$150,000
2.21 Acres

Updated Ranch Condominium in Merrillville

Updated 2-bedroom ranch condo with open concept and hardwood floors.

2312 W 65Th Ave, Merrillville, IN 46410
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Move-in Ready Home, Large Lot
$277,777

Move-in Ready Home, Large Lot

Well-maintained 3-bedroom home on a quarter-acre lot.

4229 W 92Nd Pl, Merrillville, IN 46410
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Immaculate Condo in Brookstone
$171,000

Immaculate Condo in Brookstone

Move-in ready 2-bed, 1.5 bath condo with great amenities.

2035 W 75Th Pl, Merrillville, IN 46410
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Based on your search, we've compiled 213 Potential Opportunities for your consideration. Besides 5 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 203 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Crown Point Duplex Investment Opportunity
Pending
$370,000
0.24 Acres

Crown Point Duplex Investment Opportunity

Two duplexes in Crown Point, Indiana with immediate income potential.

9650-52 Johnson St, Crown Point, IN 46307
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Updated Townhome with Loft
$197,999

Updated Townhome with Loft

Rare 2-3 bedroom townhome with desirable third-floor loft.

976 Jordan Cir, Schererville, IN 46375
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Historic Crown Point Mixed-Use Building
$859,900
7,387 SF

Historic Crown Point Mixed-Use Building

Mixed-use building in high-traffic area with income potential.

100 N Main St, Crown Point, IN 46307
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US 41 High-Exposure Land
Contact for pricing
1.86 Acres

US 41 High-Exposure Land

1.86 Acres, Prime Schererville Location

8036 -8056 Us 41, Schererville, IN 46375
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Land in Merrillville, IN
$599,900
9.30 Acres

Prime Land in Merrillville, IN

Nearly 10-acre corner parcel with high visibility and opportunity.

9100 Merrillville Rd, Merrillville, IN 46410
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Explore Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7701 Taft Odd

7701 Taft Odd

Multifamily properties • 3,537 SF
Value Estimation by Request
7701 Taft Odd, Merrillville, IN 46410
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4102 73rd Ave

4102 73rd Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,381 SF
Value Estimation
$355,000
4102 73rd Ave, Merrillville, IN 46410-4061
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7903 Harrison Pl

7903 Harrison Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 6,962 SF
Value Estimation by Request
7903 Harrison Pl, Merrillville, IN 46410-5483
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7029 Fillmore Dr

7029 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
7029 Fillmore Dr, Merrillville, IN 46410-3361
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6837 Pierce Dr

6837 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6837 Pierce Dr, Merrillville, IN 46410-3364
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3753 73rd Pl

3753 73rd Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 5,072 SF
Value Estimation
$360,000
3753 73rd Pl, Merrillville, IN 46410-7829
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7362 Bigger St

7362 Bigger St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,072 SF
Value Estimation
$315,000
7362 Bigger St, Merrillville, IN 46410-7800
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6699 Adams St

6699 Adams St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,670 SF
Value Estimation
$355,000
6699 Adams St, Merrillville, IN 46410-3470
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1511 86th Ln

1511 86th Ln

APARTMENT HOUSE (UNDER 5 UNITS) • 4,860 SF
Value Estimation
$350,000
1511 86th Ln, Merrillville, IN 46410-6458
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3891 74th Ct, Unit 38

3891 74th Ct, Unit 38

APARTMENT HOUSE (UNDER 5 UNITS) • 4,480 SF
Value Estimation
$395,000
3891 74th Ct, Merrillville, IN 46410-7856
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6839 Pierce Dr

6839 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6839 Pierce Dr, Merrillville, IN 46410-3364
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7317 Wallace St, Unit 19

7317 Wallace St, Unit 19

APARTMENT HOUSE (UNDER 5 UNITS) • 5,072 SF
Value Estimation
$340,000
7317 Wallace St, Merrillville, IN 46410-7825
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710 72nd Ave, Unit 12

710 72nd Ave, Unit 12

APARTMENT HOUSE (UNDER 5 UNITS) • 3,136 SF
Value Estimation
$310,000
710 72nd Ave, Merrillville, IN 46410-3624
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7321 Whitcomb St, Unit 27

7321 Whitcomb St, Unit 27

APARTMENT HOUSE (UNDER 5 UNITS) • 5,072 SF
Value Estimation
$390,000
7321 Whitcomb St, Merrillville, IN 46410-4354
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7420 Whitcomb St

7420 Whitcomb St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,072 SF
Value Estimation
$255,000
7420 Whitcomb St, Merrillville, IN 46410-4111
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6057 Cleveland Cir

6057 Cleveland Cir

APARTMENT HOUSE (UNDER 5 UNITS) • 4,564 SF
Value Estimation
$310,000
6057 Cleveland Cir, Merrillville, IN 46410-2393
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6013 Cleveland Cir

6013 Cleveland Cir

APARTMENT HOUSE (UNDER 5 UNITS) • 4,216 SF
Value Estimation
$305,000
6013 Cleveland Cir, Merrillville, IN 46410-2295
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6967 Pierce Dr

6967 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation
$65,000
6967 Pierce Dr, Merrillville, IN 46410-3366
View details
6927 Fillmore Dr

6927 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6927 Fillmore Dr, Merrillville, IN 46410-3359
View details

Merrillville, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 202 residential income properties for sale in Merrillville, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,455,847 square feet of properties for sale, with an estimated market value of $43,670,900.

Prices for residential income properties in Merrillville, IN start at $60,000, averaging $346,594, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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